In Desperation, Mitt heads towards the middle

[John_Wensink]

It's pathetic when it's romney but it's evolving when it's obama.

give me a break.

Quote from AK Forty Seven:

What a pathetic candidate,probably worse then McCain and Dole

 

[L-Kabong]

Quote from RCG Trader:

bong, our spending is going parabolic. The interest on our debt will soon swamp us. We have no way to bring this in line without austerity, which no one in this nation would form their lips to say. We are going down, it is not if, but when.

No it won't. The treasury can retire the debt by issuing new debt at 1%.

Heaven forfends trees from growing to the sky. If our spending is not going parabolic. It is outracing our revenues but when the economy picks up - not if - the budget gap will begin to narrow.

The debt we have is by all means manageable. Its about 100% of GDP. It is the Medicare claims down thepike that are going to be a bitch.

I have faith in the country. Don't beleive the doomsayers. Beleive me. When you speak to your grandchildren about the Great Depression II, you can say "I found a wise man named L-Kabong....."

 

[Tsing Tao]

Quote from L-Kabong:

No it won't. The treasury can retire the debt by issuing new debt at 1%.

Which the Fed will buy through a debasement of the currency. That's a great solution!

Rates are that low because Bernanke is keeping them there. He has enabled a reckless congress to think spending doesn't matter (like you do). That'll be awesome for our future.